Range trading continues in 1.3300/3508 in GBP/USD and intraday bias remains neutral. On the upside, above 1.3508 will extend the rebound from 1.3300 to 1.3657 resistance first. On the downside, below 1.3300 will bring deeper Read more…
Intraday bias in USD/CHF remains neutral at this point. Risk is mildly on the downside as long as 0.7898 resistance holds. Break of 0.7760 will confirm resumption of the whole fall from 0.8041. However, firm Read more…
No change in AUD/USD’s outlook and intraday bias stays mildly on the upside. Rebound from 0.7076 should extend to retest 0.7277 high first. Firm break there will resume larger up trend. For now, risk will Read more…
Intraday bias in USD/CAD remains neutral and more consolidations could be seen below 1.3868. Further rise expected as long as 1.3729 support holds. Rally from 1.3549 is seen as the third leg of the pattern Read more…
GBP/JPY’s rise from 210.43 is still in progress and intraday bias stays on the upside for retesting 216.58 high. Strong resistance should be seen there to cap upside, at least on first attempt. On the Read more…
As inflation continues to pressure household budgets, dining out has become increasingly expensive for many customers. What was once a routine family outing is now often viewed as a discretionary expense, forcing restaurants to compete Read more…
EUR/JPY’s rally from 182.01 is still in progress today and intraday bias stays on the upside for 61.8% projection of 182.01 to 185.44 from 184.42 at 186.53. Firm break there will pave the way to Read more…
Range trading continues in EUR/GBP and outlook is unchanged. Intraday bias remains neutral for the moment. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. On the upside, Read more…
EUR/AUD is staying in range trading and intraday bias remains neutral at this point. Rise from 1.6108 is seen as the third leg of the corrective pattern from 1.6125. Above 1.6381 will bring stronger rebound Read more…
Rumours of a breakdown in negotiations have reignited investor interest in the US dollar. The risk of further currency interventions is mounting along with USDJPY. The US dollar rose by 0.4% on Monday following reports Read more…